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"To go to court and has not received documents from a court stating that..."

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He someone you know should immediately call the current lender and see if they have a program for that will prevent the foreclosure all together. I am sure they have many programs available. They must communicate this financial situation to the lender.
The lender does not know about individual financial situations. The banks are willing to work with you.
Depending on the type foreclosure the lender decide to use, Arizona allow both judicial and non-judicial foreclosures.
Each lender have their own procedures as to when to file a foreclosure against a person that is behind in their mortgage payments. Some file foreclosure immediately after one payment, some as long as 3-9 months after missing your first monthly payment.
There are two types of foreclosures normally used in the United States
Non-Judicial Foreclosure
Most lenders use the non-judicial foreclosure procedure. No courts or lawyers are involved.
Under this procedure normally the lender has the right to sell the property after completing the foreclosure procedure. The lender, under this procedure can not normally sue for a judgment after the sale. You do not have the right to reclaim the house under any circumstance.
Under a non-judicial foreclosure and the lender has decided to foreclose on you they issue a "Notice of Default/Foreclosure" this document is recorded at the county recorders office where the property is located.
You will receive a copy of this notice in the mail as well as one will be delivered to your front door.
At this point you now have 90 days to bring the mortgage current, refinance the mortgage or do what ever you want to do to keep your property. Your lender might entertain the idea of refinancing your mortgage for you at this stage.
Once the 90 day period is over the lender then decides to record a "Notice of Sale" at the county recorders office. You will receive a copy in the mail as well as someone will deliver one to your front door. This notice will have a sale date and place of sale.
Once this document has been recorded you now have 20 days in which to refinance or cure your foreclosure. Most lenders will not entertain the idea of refinancing their own loan once this document has been issued. Some might, but most will not. At this point the lender is interested in you paying the mortgage off or bringing it current.
At the sale if the property is sold to someone, they have to get the property recorded in their name so there is lots of legal work to be done before they officially own the property.
This new owner will contact you when all the legal documents are signed and between the two of you select a time for you to move. You might be required to pay rent for the time you stay there but this is between you and the new buyer.
If the property does not sell then the lender has to get a few legal matters taken care of so they have to wait until the legal matters are completed. This normally take 5-7 business days or less.
If this happens once all the legal matters are taken care of the lender normally hires a real estate agency to take care of their real estate sales.
An agent from the agency will contact you about the date and time of your departure. In some instances they will offer you a sum of cash for you to move.
If you are not required to go to court and has not received documents from a court stating that you must appear. This is probably the procedure being used by your lender.
Judicial Foreclosure
If the lender decide to use the judicial foreclosure procedure you will be issued a summons to appear in court. The court will set the time and date of appearance as well as when you will have to vacate the property.
If the lender use the judicial foreclosure procedure they are allowed by law to file a deficiency judgment against you.
Most lenders, though the law allow them to file for a judgment do not do so. they would just rather sell the property, write any loss off and move on without other legal problems that might cost them money and then would have to collect on the judgment if they won.
On the other hand the law also allow you the right to reclaim your house after the foreclosure procedure has been completed in some instances any where from three months and in some states up to a year.
If you received a document stating that you have to appear in court and a date for you appearance has been set, your lender is probably using this procedure.
This method of foreclosure is used only by a few lenders where both procedures are allowed.
Under either procedure if the bank can not reclaim the entire loan amount from the sale of the property they claim they have a loss. Since this is a loss to them someone had to have a gain. You are the one considered having the gain, therefore the lender would then send you a 1099 indicating the amount of gain you had.

"And be prepared that if your bank does absorb the loss..."

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The experts say you`ll probably need to find a real estate agent willing to work for a smaller commission (which makes the bank a little more willing to absorb the loss), and you`ll also need to scale back your own spending. Putting expensive jewelry on your credit card will make a bank less inclined to do you any favors on the sale of your home. And be prepared that if your bank does absorb the loss, the IRS might treat that as taxable income and you`ll have to come up with the cash to cover the taxes.

"I will say about this question how long does it take to foreclosure..."

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First of all i will say about this question How long does it take to foreclosure, that this scenario basically depends on the situation and laws that after how much notices it will start the procedure of foreclosure but after chapter 7 and chapter 14 bank will not take much time to foreclose. Generally after 3 miss payments or 3 months they start warning you for their strict action. So try to avoid these situations for your comfortablity otherwise foreclosure of your house will be started or foreclosure of any property and savings which bank possesses from your side will be auctioned. thank you.

"But all of them follow a common process usually..."

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The foreclosure laws are different depending on the countries. In many places, the foreclosure laws are strict and in some places it is comparatively liberal. But all of them follow a common process usually. The banks start with sending notice to the defaulters primarily. If the customer who has failed to repay the premiums more than one time, does not pay heed to the reminder of the bank, then the latter considers to initiate a foreclosure. Customer gets a separate notice of foreclosure from the bank.
Keegan.

"This question how long does it take to foreclosure..."

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This question How long does it take to foreclosure, holds much importance in the procedure of foreclosure. Basically this all procedure of foreclosure rely upon the laws and principles of company or bank performing the foreclosure of any property. Mostly banks start foreclosure after 3 nonpayments. It issues the notice to warn the customer about nonpayments, if customer doesn`t react on that notice then bank has to perform auction or foreclosure.

"This question how long does it take to foreclose..."

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This question How long does it take to foreclose, holds much importance in the procedure of foreclosure. Basically this all procedure of foreclosure rely upon the laws and principles of company or bank performing the foreclosure of any property. Mostly banks start foreclosure after 3 nonpayments. It issues the notice to warn the customer about nonpayments, if customer doesn`t react on that notice then bank has to perform auction or foreclosure.

"The answer of this question how long does it take to foreclosure is..."

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I agree with my friend ! the answer of this question How long does it take to foreclosure is it all depends on law of foreclosure.Bank in fact starts its procedure after 3 or 4 missed payments of mortgage and then warn the person to pay mortgage if person is unable to pay mortgage then bank will take the action and it will be completed within few months. and it also depends on their will either they allow person to live in it or not.thank you.

"And if you need more money then get a loan from any bank..."

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OSAP primarilt depends on how much you make. yYou should apply and get that first, and if you need more money then get a loan from any bank, i think the bank give you the loan fir membership of OSAP, it will be very easy for you if bank knows that tou will be able to repay the loan. if you get the loan you will be a member of OSAP otherewise it is difficult for you. OSAP is an orgnization they have there own rules and regulations.

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